Hindustan Copper's Malanjkhand Project Achieves Record-Breaking Performance in FY 2024-25

1 min read   |   Updated on 02 Apr 2025, 06:14 AM
scanxBy ScanX News Team
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Overview

Hindustan Copper Limited's Malanjkhand Copper Project (MCP) in Madhya Pradesh has reported exceptional performance for FY 2024-25. The project surpassed its annual ore production target by 3%, achieving a record 27,25,206 tonnes from underground mines. Ore milling reached 24,34,285 tonnes, while Metal in Concentrate production hit 19,270 tonnes, the highest in five years. March 2025 saw record monthly ore production of 3,00,363 tonnes. Additionally, the company appointed Shri Avinash Janardan Bhide as a Non-Official Director for one year from April 1, 2025.

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*this image is generated using AI for illustrative purposes only.

Hindustan Copper (HCL), a Government of India enterprise, has reported exceptional performance at its flagship Malanjkhand Copper Project (MCP) in Madhya Pradesh for the financial year 2024-25. The company's achievements underscore its commitment to enhancing copper production and operational efficiency.

Record-Breaking Ore Production

MCP has set a new benchmark in ore production, surpassing its annual target by 3%. The project achieved a record-breaking 27,25,206 tonnes of ore production, marking the highest-ever yearly output since the project's inception. Notably, this entire production came from underground mines, highlighting the company's successful transition to underground mining operations.

Impressive Ore Processing and Metal Production

The copper project demonstrated strong performance in ore processing and metal production:

  • Ore Milling: MCP processed 24,34,285 tonnes of copper ore during FY 2024-25, achieving 97% of its annual target. This represents the highest yearly milling in the last two years.
  • Metal in Concentrate (MIC) Production: The annual MIC production reached 19,270 tonnes, accomplishing 92% of the annual target. This marks the highest MIC production in the last five years.

March 2025: A Month of Milestones

March 2025 proved to be an exceptional month for the Malanjkhand Copper Project, with several notable achievements:

Parameter Achievement Target Completion Significance
Ore Production 3,00,363 133% Highest-ever monthly production
Ore Milling 2,19,035 104% Highest monthly milling in 5 years
MIC Production 1,605 81% -

Implications for Hindustan Copper Limited

These achievements at the Malanjkhand Copper Project are significant for Hindustan Copper, as they demonstrate the company's ability to exceed production targets and improve operational efficiency. The record-breaking performance in ore production and processing could potentially lead to increased revenue and profitability for the company in the coming quarters.

Management Changes

In a separate development, the Ministry of Mines, Government of India, has appointed Shri Avinash Janardan Bhide as a Non-Official (Independent) Director on the Board of Hindustan Copper Ltd. The appointment is for a period of one year, effective from April 1, 2025, or until further orders. Shri Bhide, a practicing advocate with over 39 years of experience, brings expertise in various legal areas, including anti-corruption laws and consumer cases.

As Hindustan Copper Limited continues to strengthen its operations and governance, these developments signal a positive outlook for the company's future performance in the copper industry.

Historical Stock Returns for Hindustan Copper

1 Day5 Days1 Month6 Months1 Year5 Years
+0.34%+5.39%-2.40%-33.67%-40.81%+667.92%

Hindustan Copper Achieves Record-Breaking Performance in FY 2024-25

2 min read   |   Updated on 01 Apr 2025, 08:38 PM
scanxBy ScanX News Team
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Overview

Hindustan Copper Limited (HCL) reported exceptional performance at its Malanjkhand Copper Project (MCP) for FY 2024-25. The company achieved its highest-ever annual ore production of 27,25,206 tonnes, surpassing its target by 3%. MCP also set a new monthly production record in March 2025 with 3,00,363 tonnes. Milling operations processed 24,34,285 tonnes of copper ore, while Metal in Concentrate production reached 19,270 tonnes, the highest in five years. Additionally, the Ministry of Mines appointed Shri Avinash Janardan Bhide as a Non-Official (Independent) Director on HCL's Board for one year, effective April 1, 2025.

5065739

*this image is generated using AI for illustrative purposes only.

Hindustan Copper Limited (HCL), a Government of India Enterprise, has reported exceptional performance and significant milestones at its flagship Malanjkhand Copper Project (MCP) in Madhya Pradesh for the financial year 2024-25. The company's achievements showcase impressive growth in ore production, milling, and metal concentrate output.

Record-Breaking Ore Production

In a remarkable feat, HCL's Malanjkhand Copper Project achieved its highest-ever annual ore production of 27,25,206 tonnes in FY 2024-25, surpassing its annual target by 3%. This milestone is particularly noteworthy as the entire production came from underground mines, demonstrating the company's expertise in subterranean mining operations.

The success story reached new heights in March 2025, with MCP producing a staggering 3,00,363 tonnes of ore. This monthly output not only exceeded the target by 33% but also set a new record for the highest monthly production in the company's history.

Impressive Milling and Metal Concentrate Production

HCL's commitment to efficiency is evident in its milling operations. The MCP processed 24,34,285 tonnes of copper ore during FY 2024-25, achieving 97% of its annual target. This performance marks the highest yearly milling in the past two years, indicating improved operational efficiency.

March 2025 stood out as a particularly strong month for milling operations, with 2,19,035 tonnes processed, exceeding the monthly target by 4% and setting a five-year high.

In terms of Metal in Concentrate (MIC) production, HCL reported an annual output of 19,270 tonnes, reaching 92% of its target. This figure represents the highest MIC production in the last five years, underlining the company's consistent improvement in extracting value from its ore.

Financial Year 2024-25 Performance Highlights

Metric Achievement Target Completion
Annual Ore Production 27,25,206 103.00
Annual Ore Milling 24,34,285 97.00
Annual MIC Production 19,270 92.00

March 2025 Performance Highlights

Metric Achievement Target Completion
Monthly Ore Production 3,00,363 133.00
Monthly Ore Milling 2,19,035 104.00
Monthly MIC Production 1,605 81.00

These achievements underscore Hindustan Copper Limited's commitment to operational excellence and its crucial role in India's copper production sector. The company's performance in FY 2024-25, particularly at the Malanjkhand Copper Project, demonstrates its capacity for growth and efficiency in mining operations.

New Appointment to the Board

In a separate development, the Ministry of Mines, Government of India, has appointed Shri Avinash Janardan Bhide as a Non-Official (Independent) Director on the Board of Hindustan Copper Ltd. The appointment is for a period of one year, effective from April 1, 2025.

Shri Bhide, a practicing advocate with over 39 years of experience, brings expertise in various legal areas, including Criminal Law, Anti-corruption Laws, and Consumer cases. His appointment is expected to contribute valuable legal insights to HCL's governance and operations.

As Hindustan Copper Limited continues to set new benchmarks in the copper mining industry, these developments signal the company's focus on both operational excellence and strong corporate governance.

Historical Stock Returns for Hindustan Copper

1 Day5 Days1 Month6 Months1 Year5 Years
+0.34%+5.39%-2.40%-33.67%-40.81%+667.92%
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